Tag: ROADS fund

Keeping it honest

In a recent blog post, we pointed out that while most core services have seen significant cuts in recent years, transportation has been spared. At a time when many state agencies were absorbing funding cuts of more than 20 percent,… Read more [More...]

You’re doin’ fine, transportation

The past several years have put severe constraints on the state budget. State appropriations remain below their levels of four years ago.  Many state agencies have absorbed funding cuts of over 20 percent, and most have been forced to cut… Read more [More...]

What the income tax pays for

The personal income tax is Oklahoma’s largest single revenue source. In 2011, the state collected $2.412 billion from the personal income tax, or slightly less than one in three dollars (31.7 percent) of total state tax collections. With a strong… Read more [More...]

Good times don't last forever

Last week, Gov. Fallin announced a plan to fix the state’s decaying bridges by 2019. The proposal involves putting more money in the ROADS fund, which receives a portion of income tax revenues that would otherwise go to the state’s… Read more [More...]

Learning from the crisis (3): Putting multi-year revenue commitments on hold

On January 1st, tax cuts with a revenue impact exceeding $100 million, which include the full repeal of the state’s estate tax and a steep increase in the standard deduction, will take effect in Oklahoma.  Do these tax cuts reflect… Read more [More...]